New search
Property profile & analytics
FOR LEASE
Manufacturing properties
182 Commerce St, East Haven, CT 06512-4145
Entity Owned
~
Est. High Equity
Property ID
US15-0785465
For Lease
1 / 14
$3,700/Mo
182 Commerce St, East Haven, CT 06512-4145
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1987
Construction
STEEL FRAME
Total area
20,269 SF
Lot
1.66 ac (72,310 SF)
Zoning code
LI-2
APN
EHAV M:090 B:0811 L:002
UPID
US15-0785465
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Schneider Electric Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.49M
Owner & transaction history
Priyal LLC
Priyal LLC
since 2025
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
LI-2 · East Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.2M
+57.8%
Apartment house (5+ units)
$2.2M
+57.5%
Retail stores
$2.2M
+55.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Haven submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,385,000
Current use
OFFICE BUILDING
$2,190,000
Change: +58% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,185,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$2,155,000
Change: +55% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,840,000
Change: +33% · Conversion: Easy
WAREHOUSE, STORAGE
$1,195,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±10% · vs last sale $1.80M (Jun 15 2025)
Last sale anchor
$1.80M
Jun 15 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$74 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$23,024
Tax year 2023
Assessed value
$737,940
Assessed 2023
Previous assessed
$737,940
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$136,080
Assessed improvement
$601,860
Applied tax rate
326.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1987
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
1
Bathrooms
2
Total area
20,269 SF
Lot
1.66 ac (72,310 SF)
Zoning code
LI-2
APN
EHAV M:090 B:0811 L:002
UPID
US15-0785465
Jurisdiction
EAST HAVEN
Zoning & alternative use
LI-2 · East Haven, CT
Zoning LI-2 · permitted uses
LI-2 · East Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
RETAIL STORES
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
2
Lot
1.66 ac
Current owner
From public records · entity-resolved
Priyal LLC
Entity
Mailing address
200 N MARTINGALE RD STE #1000, SCHAUMBURG, IL 60173-2035
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2025
$1,800,000
Priyal LLC
Schneider Electric USA In
Warranty Deed
$1,900,000 · Live Oak Banking Company
May 25, 1995
—
Electric Svcs INC
—
Deed Of Trust
related
$414,000 · Shawmut Mortgage
Apr 30, 1992
—
Electric Svcs INC
—
Deed Of Trust
related
$350,000 · Connecticut National Bank
Sep 13, 1991
—
Electric Svc INC
—
Deed Of Trust
related
$257,000 · Union Trust Co
Oct 19, 1987
—
Electric Services INC
—
Deed Of Trust
related
$760,000 · Founders Bank
Mar 6, 1987
$64,000
Elec Services INC
Town Of East Haven
Grant Deed
$680,000 · Founders Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
